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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1515 Scott St San Francisco, CA 94115

    • Office buildings
    • 3,998 SF
    • 0.40 lot acres
    For Lease
    View listing
    $55 SF/Yr
    Value Estimations
    $305,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5861694
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • San Francisco Hearing Center / Audiologist / Hearing Aid Repair Service
    • 1515 Scott St Parking / Parking Lot
    • Habit Abatement Clinic / Medical Clinic
    • Beijing Tong Ren Tang Medical Center / Chinese Medicine Clinic
    • U C San Francisco Occupational / Occupational Therapist

    Property Details for 1515 Scott St

    Year built
    1962
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    3,998 SF
    Zone code
    NC3
    Property type
    Office buildings
    APN
    1078 -031
    APU
    1078031

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.438
    Latitude
    37.7841
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,687
    $828,992
    $552,657
    $1,381,649
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      3,764 SF

      2502 Clay St, Unit 2504

      OFFICE BUILDING • 3,764 SF
      2502 Clay St, San Francisco, CA 94115-1811
      View Details
    • Value Estimation
      $245,000
      9,186 SF

      2376 Sutter St, Unit 2390

      OFFICE BUILDING • 9,186 SF
      2376 Sutter St, San Francisco, CA 94115-3006
      View Details
    • Value Estimation
      $10,890,000
      20,729 SF

      2233 Post St

      OFFICE BUILDING • 20,729 SF
      2233 Post St, San Francisco, CA 94115-3470
      View Details
    • Value Estimation
      $335,000
      7,308 SF

      3000 California St

      OFFICE BUILDING • 7,308 SF
      3000 California St, San Francisco, CA 94115-2411
      View Details
    • Value Estimation
      $335,000
      1,980 SF

      1610 Scott St

      OFFICE BUILDING • 1,980 SF
      1610 Scott St, San Francisco, CA 94115-3014
      View Details
    • Value Estimation
      $525,000
      24,351 SF

      2350 Geary Blvd

      OFFICE BUILDING • 24,351 SF
      2350 Geary Blvd, San Francisco, CA 94115-3305
      View Details

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      Mixed-Use Building in Japantown District

      Mixed-use building in San Francisco's Japantown, featuring office and retail spaces.
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      Victorian Duplex in Lower Pacific Heights

      Charming 2-unit Victorian in desirable San Francisco location.
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    Similar Nearby for Lease

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      4,196 SF

      Medical Space on Geary Street

      Newly built-out medical space with high visibility and easy access.
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      View Details
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      4,275 SF

      Divisadero Office Space Available

      Two office spaces for rent in Lower Pacific Heights.
      1732-1736 Divisadero St, San Francisco, CA 94115
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    • Contact for pricing
      1,028 SF

      Office Space in San Francisco

      Office space available for rent in San Francisco, CA.
      2300 Sutter St, San Francisco, CA 94115
      View Details
    • $1.50 SF/Yr
      4,367 SF

      Full Floor Medical Office Space

      Full floor medical suite with exam and private offices.
      1833 Fillmore St, San Francisco, CA 94115
      View Details
    • $2,100 /Mo
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      Medical Office in Pacific Heights

      Spacious medical office condo in a full-service medical complex.
      2299 Post St, San Francisco, CA 94115
      View Details
    • Contact for pricing
      733 SF

      Renovated Pacific Heights Office Space

      Renovated office space in Pacific Heights available for lease.
      2356-2358 Pine St, San Francisco, CA 94115
      View Details
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    1515 Scott St
    San Francisco, CA 94115
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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